Analysts Highlight Strategy for OFS Sector Survival

Data-driven decision-making and streamlining are among the recommended practices for the services sector.

(Source: Shutterstock.com)

(Source: Shutterstock.com)

Streamlining operations, pushing technology and using data to drive decisions are among the steps the oilfield services (OFS) community could take to weather current market volatility, energy experts say.

Companies that emerge the healthiest from the latest downturn could be those able to reduce the cost of goods sold the most and those able to gain market share.

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Velda Addison

Velda Addison is the senior editor of digital media for Hart Energy’s editorial team. She covers energy with a focus on renewables.